The history of previous Bitcoin halvings is fascinating.
With the 2024 halving expected soon, it鈥檚 important to learn more about previous halvings and how they affected Bitcoin and its price.
The time before, during and after Bitcoin halvings are filled with lots of big events and large price swings.
Key Takeaways
- The previous three Bitcoin halvings happened on November 28, 2012, July 9th, 2016 and May 11, 2020.
- The average distance between halvings so far is 3 years, 9 months and 14 days.
- The 2024 Bitcoin halving will be Bitcoin's 4th halving ever.
2012 Halving History
The 2012 Bitcoin reward halving was the first halving.
The 2012 halving happened on November 28th, 2012.
- New BTC Per Block Before: 50 BTC per block
- New BTC Per Block After: 25 BTC per block
- Price on Halving Day: $12.35
- Price 150 Days Later: $127.00
2016 Halving History
The 2016 halving鈥搕he second Bitcoin halving鈥揾appened on July 9th, 2016.
- New BTC Per Block Before: 25 BTC per block
- New BTC Per Block After: 12.5 BTC per block
- Price on Halving Day: $650.63
- Price 150 Days Later: $758.81
2020 Halving History
The 2020 halving鈥搕he third Bitcoin halving and most recent halving鈥揾appened on May 11, 2020.
- New BTC Per Block Before: 12.5 BTC per block
- New BTC Per Block After: 6.25 BTC per block
- Price on Halving Day: $8,821.42
- Price 150 Days Later: $10,943.00
